Aixia Group AB (XSAT:AIXIA B) Days Sales Outstanding : 6.92 (As of Mar. 2024)

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What is Aixia Group AB Days Sales Outstanding?

Aixia Group AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr15.6 Mil. Aixia Group AB's Revenue for the three months ended in Mar. 2024 was kr205.6 Mil. Hence, Aixia Group AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 6.92.

The historical rank and industry rank for Aixia Group AB's Days Sales Outstanding or its related term are showing as below:

XSAT:AIXIA B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.12 Med: 57.75 Max: 71.16
Current: 19.12

During the past 9 years, Aixia Group AB's highest Days Sales Outstanding was 71.16. The lowest was 19.12. And the median was 57.75.

XSAT:AIXIA B's Days Sales Outstanding is ranked better than
91.58% of 2732 companies
in the Software industry
Industry Median: 61.815 vs XSAT:AIXIA B: 19.12

Aixia Group AB's Days Sales Outstanding declined from Mar. 2023 (67.48) to Mar. 2024 (6.92).

Aixia Group AB Days Sales Outstanding Historical Data

The historical data trend for Aixia Group AB's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Aixia Group AB Days Sales Outstanding Chart

Aixia Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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40.40

57.75

26.26

35.92

71.16

Aixia Group AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															67.48	43.77	44.00	72.20	6.92

Competitive Comparison of Aixia Group AB's Days Sales Outstanding

For the Information Technology Services subindustry, Aixia Group AB's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Aixia Group AB's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Aixia Group AB's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Aixia Group AB's Days Sales Outstanding falls into.

Aixia Group AB Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Aixia Group AB's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (21.757	+	20.277)	/	2 )	/	107.809	*	365
=	21.017					/	107.809	*	365
=	71.16

Aixia Group AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (20.277	+	10.901)	/	2 )	/	205.596	*	365 / 4
=	15.589					/	205.596	*	365 / 4
=	6.92

Aixia Group AB (XSAT:AIXIA B) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Aixia Group AB Days Sales Outstanding Related Terms

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Aixia Group AB (XSAT:AIXIA B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Aixia Group AB (XSAT:AIXIA B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Taljegårdsgatan 11, Mölndal, SWE, 43153

Website

https://www.aixia.se

Aixia Group AB is an IT company. It conducted operations in the construction and development of IT, which includes, among other things, AI/Deep Learning platforms, data centers, security, management, hosting, network & communication and backup/DR. The company delivers products, solutions and expertise in, among other things, the following business areas; AI solutions and services, Enterprise IT infrastructure, IT operation and hosting, IT products/solutions and currently has around 120 customers distributed across the country within a wide range of different industries.

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